Monthly roundup · United Kingdom · July 2026

Startup funding in the United Kingdom, July 2026: CuspAI's $450M Series B leads 27 rounds

By Millionrounds ResearchPublished 1 August 2026Updated 31 October 2026

We read 27 equity rounds raised in the United Kingdom and announced in July 2026, raising $1.2B between them: 13% of the rounds we read worldwide that month and 3% of the money. The largest was CuspAI's $450M Series B, led by New Enterprise Associates and Kleiner Perkins. The median seed round was $1.1M, against $3.2M over the last twelve months in the United Kingdom; at Series A it was $35M. New Enterprise Associates led the most rounds, with 2.

Equity rounds27raised in the United Kingdom, 27 with an amount
Raised$1.2Bacross those rounds
Lead named63%of rounds say who led
Share of the world13%of rounds; 3% of the money

The biggest rounds

  1. 1CuspAISeries B · led by New Enterprise Associates, Kleiner Perkins$450M
  2. 2DwellySeries B · led by General Catalyst, EQT$170M
  3. 3HHumanoidSeries A · led by Prime Movers Lab$152M
  4. 4Relay TechnologiesSeries B$53M
  5. 5ValarianSeries A · led by New Enterprise Associates$50M
  6. 6InforcerSeries C · led by Insight Partners$50M
  7. 7MDOTM Ltd.Growth · led by Expedition Growth Capital$27M
  8. 8GreyparrotSeries B · led by Omar Mir$27M
  9. 9FFleekSeries B · led by Burda Principal Investments$25M
  10. 10QureightSeries B · led by Molten Ventures$20M

Day by day

Equity rounds raised in the United Kingdom and announced each day of July. The busiest day was 8 July, with 4.

1 July31 July

By stage, against the year

Each stage's median this month beside its twelve-month median: the United Kingdom's own where we hold enough rounds for a benchmark, otherwise the worldwide one.

Pre-seed1$20Mthis month$1.8M12 months here
Seed10$1.1Mthis month$3.2M12 months here
Series A4$35Mthis month$13M12 months here
Series B7$27Mthis month$42M12 months here
Series C1$50Mthis month$100M12 months, worldwide
Growth4$17Mthis month$24M12 months here

The most active leads

Firms that led two or more of the month's rounds in the United Kingdom.

In what

AI was the busiest sector in the United Kingdom.

Against the world

  • Rounds, the United Kingdom27
  • Rounds, worldwide216
  • Raised, the United Kingdom$1.2B
  • Raised, worldwide$41B

The whole of July 2026

Other countries in July

92 roundsUnited States→ 10 roundsAustralia→ 10 roundsGermany→ 9 roundsIndia→ 5 roundsChina→